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The aim of this paper is to provide new empirical evidence on the impact of international financial integration on the long-run Real Exchange Rate (RER) in 39 developing countries belonging to three different geographical regions (Latin America, Asia and MENA). It covers the period 1979-2004,...
Persistent link: https://www.econbiz.de/10005762383
capital provided a buffer against the shock. After controlling for observable characteristics, education and experience showed …
Persistent link: https://www.econbiz.de/10008514864
the severity of the shock. Among active workers, youth experienced by far the largest adverse impacts on employment … greatest for youth in each sector of the economy, as firms reacted to the shock by substituting away from inexperienced workers …
Persistent link: https://www.econbiz.de/10009003937
This paper examines the consequences of rapid disinflation for downward wage rigidities in two emerging countries, Brazil and Uruguay, relying on high quality matched employer-employee administrative data. Downward nominal wage rigidities are more important in Uruguay, while wage indexation is...
Persistent link: https://www.econbiz.de/10009149154
The EU and the US have started negotiations on a Transatlantic Trade and Investment Partnership Agreement (TTIP) which …. Thus export simulation studies in combination with input output analysis and employment analysis is useful. In the analysis …
Persistent link: https://www.econbiz.de/10010884392
international trade increasing competition and therefore the price elasticity of product demand, exporters are predicted to have …
Persistent link: https://www.econbiz.de/10010885180
This paper explores the geographic overlap of trade and technology shocks across local labor markets in the United … clerical occupations, is largely uncorrelated with regional exposure to trade competition from China. While the impacts of … technology are present throughout the United States, the impacts of trade tend to be more geographically concentrated, owing in …
Persistent link: https://www.econbiz.de/10010959703
In this paper we investigate the causal effect of immigration on trade flows, using Italian panel data covering very …
Persistent link: https://www.econbiz.de/10010960112
misalignments. Intra-regional trade – both with North Africa and the rest of the continent – together with greater orientation to …
Persistent link: https://www.econbiz.de/10011271994
At least since 1750 when Baron de Montesquieu declared "peace is the natural effect of trade," a number of economists … and political scientists espoused the notion that trade among nations leads to peace. Employing resources wisely to …. Specialization based on comparative advantage leads to gains from trade. If political conflict leads to a diminution of trade, then …
Persistent link: https://www.econbiz.de/10005233897